Any statician worth it’s weight is using R, or at least Python (unless it’s like a really old statician using spss or SAS). As someone who did interviews for an actuarial intern position, I didn’t even asked the candidates if they knew how to use excel, because excel is fucking useless, I asked them about python and pandas.
Idk, my brother used a ton of excel as an actuary. He used other things too, but excel was absolutely part of it, and he made it to VP level in the insurance industry.
There’s a still a lot of excel out there being used, but you can’t really do a lot of “real” jobs in excel with is 2^20 maximum rows. I don’t have a lot of experience myself (I got my degree on 2022), when I interned we used a lot of excel and SAS and I hated it. After that I landed a job where I had the opportunity to write everything from zero in python, and excel is only used to send the results to other teams or clients. In the company I work now, I’m not part of the actuarial team, but in accounting and from the interview it was clear that I was being hired to re write everything from SAS to Python. Sometimes I pass by the actuarial team and I can see them doing chainladder triangles on excel and is kinda sad, because there’s a fantastic Python library for that. I’m planning to stay here until everything on the accounting department run on python and then looking for a senior position on the actuarial team to do the same there.
Any statician worth it’s weight is using R, or at least Python (unless it’s like a really old statician using spss or SAS). As someone who did interviews for an actuarial intern position, I didn’t even asked the candidates if they knew how to use excel, because excel is fucking useless, I asked them about python and pandas.
Idk, my brother used a ton of excel as an actuary. He used other things too, but excel was absolutely part of it, and he made it to VP level in the insurance industry.
There’s a still a lot of excel out there being used, but you can’t really do a lot of “real” jobs in excel with is 2^20 maximum rows. I don’t have a lot of experience myself (I got my degree on 2022), when I interned we used a lot of excel and SAS and I hated it. After that I landed a job where I had the opportunity to write everything from zero in python, and excel is only used to send the results to other teams or clients. In the company I work now, I’m not part of the actuarial team, but in accounting and from the interview it was clear that I was being hired to re write everything from SAS to Python. Sometimes I pass by the actuarial team and I can see them doing chainladder triangles on excel and is kinda sad, because there’s a fantastic Python library for that. I’m planning to stay here until everything on the accounting department run on python and then looking for a senior position on the actuarial team to do the same there.
PowerPoint is turing complete in the animations.
You know, if you want to put an interviewee through hell.
I promise to only use this knowledge for evil
Thank you.
Hmm. Maybe i should go and volunteer for giving computer classes.
pyMC3 ❤️